CPI Inflation at 0.69% Year-on-Year, Mid-Month February(?)

According to Truflation, today:

The current Cleveland CPI inflation nowcast for February is 2.38%.

 

 

 

 

4 thoughts on “CPI Inflation at 0.69% Year-on-Year, Mid-Month February(?)

  1. Bruce Hall

    Completely off topic, but significant. Marco Rubio’s speech at the Munich Security Conference.
    https://www.state.gov/releases/office-of-the-spokesperson/2026/02/secretary-of-state-marco-rubio-at-the-munich-security-conference

    He addressed a wide range of political, military, and economic issues that are central to the American-European relationships. One of the better speeches I’ve heard in a long time. Rubio displays a breadth and depth of knowledge and understanding of international dynamic that is rare. And he’s not afraid to acknowledge the elephants in the room. He was not unprepared to answer questions.

    Some reactions from Europe:
    https://www.rferl.org/a/rubio-warning-munich-speech-/33678260.html

    Reply
    1. Macroduck

      Once upon a time, I had temporary duty on a “country desk” at State. The desk officer dumped his least desirable task in me: write a speech for the ambassador.

      Very few senior officials write their own speeches. If Rubio has impressed you with his breadth of knowledge, it’s because you are naive enough to think the knowledge reflected in the speech is his.

      Rubio is a Florida Republican. That means he’s beholden to the Cuban refugee community and to AIPAC – two of the most harmful influences in U.S. politics in the past half century, two of the biggest diversions away from U.S. natiinal interest in U.S. foreign policy. So of course, you’re a fan boy.

      Reply
    2. 2slugbaits

      You might call it “a wide range of political, military and economic issues”, but I would call it rambling. Rubio has always been an intellectual lightweight and this speech is further proof of that. One lesson from history that Rubio doesn’t understand is that multi-polar worlds are a lot more unstable than bipolar worlds. Trump is moving us towards a multi-polar world. European countries are already talking about building their own nuclear deterrence programs. Gee…what could go wrong? Rubio also needs a lesson in demographics. The fact is that the US native born population is in serious decline and will need immigration….lots of it. Rubio’s own parents were immigrants, as were two of Trump’s wives. Just allowing white Afrikaners into the country isn’t going to cut it. And as an old man you really ought to be concerned. Did you know that over a quarter of all US doctors are foreign born? You better hope you never need to go to a nursing home because immigrant labor is what keeps those homes afloat.

      And then Rubio the Economist talking about international trade was a real hoot.

      The crux of Rubio’s speech is that human nature is inherently xenophobic and opposed to immigrants. I would suggest that historically that’s been true for about 30 percent of the population, but if you’re a xenophobic racist who thinks in terms of blood and soil, then you can’t imagine why other people might not feel that way. Again, tell it to the ancient Romans that alliances were a waste of time and that race mattered.

      Reply
  2. Jake formerly of the LP

    No one is buying it, Basement Boy Bruce. Marco Rubio is a spineless neocon, and inflation is 3-4 times 0.69%.

    Why do you waste our time trying to speak your BS into reality? This isn’t Faux News, bud.

    Reply

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